Page 41 - Semiconductor

Foxconn EV venture targeting India or Thailand for new small car plant

The Taiwanese company's EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the new three-seat EV priced below $20,000

Apple's main supplier Foxconn plans $500 mn component plants in India

Foxconn Technology Group, plans to increase its investments to more than $1.2 bn in southern India's Karnataka state and add two component factories there

Foxconn Industrial Internet denies signing deal with Tamil Nadu: Report

The government of the southern Indian state of Tamil Nadu said on Monday it has signed a deal with Foxconn for a new electronic components manufacturing facility that would create 6,000 jobs

Japan chip equipment supplier Disco to set up center in India: Report

The chipmaking device supplier will consider opening an applications laboratory, which performs test cuts and other experimental processing at customer's request, in India, the report said

What are semiconductors, and what do they do? Here is all you need to know

Here's everything you need to know about semiconductors and India's strategic push to become a global manufacturing hub

Micron's global suppliers ready plans to co-locate, ask govt help

While speaking at the Semicon India, 2023 global summit, suppliers of raw materials, services and utilities for semiconductor manufacturing revealed their plans to invest in Gujarat alongside Micron

Many chipmakers in talks for India plant: MoS IT Rajeev Chandrasekhar

Micron last month announced plans to build a semiconductor ATMP plant in Gujarat under the government's $10-billion production-linked incentive (PLI) scheme

Not surprising if critical technologies come up as key metric of power: EAM

External Affairs Minister S Jaishankar on Sunday said it will not be surprising if critical and emerging technologies come up as one of the most important metrics of power, and added that concerns in the CET field are influenced by how market share and production dominance are leveraged in other areas. The questions of who invents and manufactures, market shares, resources, skills and talent pool in relation to CET are becoming increasingly critical in the global arena, Jaishankar said while virtually addressing the 'Semicon India 2023' event organised here. The minister also said a more self-reliant India will also be more self-reliant in semiconductor production. "It (CET) is an intrinsic element of the knowledge economy that is steadily unfolding. In fact, if you think about it, one of its primary characteristics is how deeply it embeds technologies in a manner that profoundly influence all aspects of our lives," he said in his address on the topic of 'India's role in emerging an

Semiconductor mission not just about meeting domestic requirements: EAM

India's semiconductor mission is not just about meeting domestic requirements but also aimed at contributing to global demand for trusted manufacturing, External Affairs Minister S Jaishankar said on Sunday. In an address at a conference, he told top executives of leading global semiconductor firms that their decisions and relationships have implications far beyond immediate business and can contribute to re-engineering the global economy. The external affairs minister argued that trust and transparency have emerged as key issues for the future of the digital domain and questions like who processes and harvests "our data is increasingly crucial in a world of artificial intelligence." "Nor indeed can we any longer separate even basic manufacturing and everyday commodities and services from their data implications," he said. "As political democracies, pluralistic societies and market economies, we all have understandable concerns of both privacy and security. It is, therefore, essent

Global chip design leader Synopsys to set up its centre in Bhubaneswar

The delegation highlighted how the state's Semiconductor Manufacturing and Fabless Policy, which has received Cabinet approval, offers the most generous set of incentives

India must emerge as trusted partner in semiconductor sector: Chandrasekhar

It is important for the world to see India emerge as a trusted, resilient partner in the electronics and semiconductor space, Union Minister Rajeev Chandrasekhar said here on Saturday, and asserted the world wants to partner with India for the country to grow its footprints in the semiconductor ecosystem. Talking to PTI on the sidelines of the Semicon India 2023 event organised at Mahatma Mandir here, he said Prime Minister Narendra Modi's vision for the sector is to create more and more opportunities for young Indians studying in colleges. The chip shortage witnessed recently was a combination of supply chain disruptions due to the Russia-Ukraine war and the COVID pandemic as well as the increased demand for chips in automotive, IOT, computer, mobile phones and mobile telephony, the Union Minister of State for Electronics and IT said. "So, on the one hand, demand was going up, and on the other hand, we saw concentration of chip production in a few countries. It is important now for

Top headlines: India ripe for semiconductor boom, banks' loans, and more

Business Standard brings you the top headlines at this hour

Micron Technology chief discusses plans with PM to boost semiconductor biz

It is not the first time that PM Modi has met the Micron CEO. Earlier in June, when PM Modi visited the US, the two had an excellent meeting

US chipmaker AMD to invest $400 million in India in next five years

The new centre, which will have an office area of about 500,000 square feet, will expand AMD's office footprint in India to 10 locations

India's talent pool, govt policies make it unique for semiconductor bets

In its first five years of operations, the centre is expected to create at least 500 advanced engineering jobs, along with another 2,500 in the manufacturing ecosystem

Our made-in-India chip will be ready in 2.5 yrs: Vedanta chairman

Vedanta group chairman Anil Agarwal on Friday said that first phase of its semiconductor project will involve USD 5 billion investment of the overall USD 20-billion outlay, and the venture will be ready with made-in-India chip in two and a half years. Vedanta is talking to three companies to rope them in as technology partners for its mega plans entailing foundary, chip manufacturing, and packaging and design. "In 2.5 years, we will give you Vedanta made-in-India chips," Agarwal told reporters on the sidelines of SemiconIndia 2023 event. The first phase of its semiconductor investment will be to the tune of USD 5 billion, which is being structured. "Vendata has a good cash flow, we will make a capital allocation in Vedanta and there is queue of people to give us equity and debt...but we want the tie-ups to be in place first, and have ecosystem," he said. After parting ways with Foxconn on their semiconductor joint venture, Vedanta group has made it clear that it remains committed

Ecosystem for chips in India for very brave: Foxconn Chairman Young Liu

The ecosystem for semiconductor chips in India is for the "very brave", Foxconn Chairman Young Liu said on Friday as he expressed optimism about the country's semiconductor roadmap during the second edition of SemiconIndia in Gandhinagar. Earlier this month, Taiwan-based Foxconn, which also supplies for smartphone giant Apple, withdrew from a USD 19.5 billion semiconductor joint venture with Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars. Foxconn is the world's largest contract electronics maker. Addressing SemiconIndia on Friday, Liu said "The ecosystem for chips in India is for the very brave. Every experience only positions companies stronger going forward." Notably, the joint venture between Foxconn and Vedanta was signed in February 2022, after which the JV signed a Memorandum of Understanding with the Gujarat government to invest Rs 1,54,000 crore to set up a semiconductor plant in the ...

Firms to get 50% financial aid to set up semiconductor facilities: PM Modi

Technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country, Prime Minister Narendra Modi said on Friday, as he announced that his government has rolled out the red carpet for semiconductor industries. Speaking after inaugurating the Semicon India 2023 conference in Gandhinagar, Modi said every industrial revolution that the world has witnessed was driven by the aspirations of people at different times. The PM said he believes that the fourth industrial revolution being witnessed now is driven by India's aspirations. Modi said India is establishing an entire ecosystem for the semiconductor industry to grow in the country. We were offering incentives as part of the Semicon India programme. It has been increased, and now technology firms will get 50 per cent financial assistance to set up semiconductor manufacturing facilities (in India), Modi said. The semiconductor industry will witness exponential growth in .

India will soon become global player in semiconductor industry: Gujarat CM

Gujarat Chief Minister Bhupendra Patel on Friday expressed confidence that India will soon become a global player in the semiconductor sector under the leadership of Prime Minister Narendra Modi. Patel was speaking at the 'Semicon India 2023', an exhibition-cum-conference organised at the Mahatma Mandir convention centre here by India Semiconductor Mission in partnership with industry and industry associations. PM Modi inaugurated the event and also spoke on the occasion. Patel said the Indian industry is growing by leaps and bounds under the leadership of PM Modi. "Due to his efforts in making India 'aatmanirbhar' (self-reliant), we are achieving those targets which once seemed difficult or even impossible. Semiconductor is one of those sectors which India has been chasing for long," Patel said in his address. India has made significant progress in semiconductor manufacturing due to the efforts put in by PM Modi over the last few years, he said. "I am confident that India will ..

Intel results boost chip stocks on optimism PC market slump is ending

Intel is poised to add about $10 billion to its market value, based on its current premarket price of $37